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Africa House, SAOGA to lead delegation to showcase opportunities in Tanzania

By: Natasha Odendaal     6th February 2023 Research and consulting company Africa House and industry body South African Oil & Gas Alliance (SAOGA) are preparing to lead a delegation to Tanzania in March to help South African firms establish local partnerships, better understand local content development and showcase the significant... 

Record year for mineral production marred by persistent issues, Minerals Council says

By: Tasneem Bulbulia     6th February 2023 The value of South African mineral production achieved a record high for the second consecutive year in 2022, but underlying mining’s considerable contribution to the country’s economy and its citizens, warning lights are flashing for the sector because of constrained transport logistics,... 

Like Musk, nickel-rich Indonesia has high electric vehicle ambitions

By: Reuters     6th February 2023 Armed with the world's largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself indispensable for the electric vehicle industry, which uses the metal extensively. In just three years, Indonesia has signed more than a dozen deals worth more than $15-billion for... 

Input encouraged into Australia's National Battery Strategy

By: Esmarie Iannucci     6th February 2023 The federal government has launched the consultation process for Australia’s first National Battery Strategy, which it said would be integral to help Australia transition to a decarbonised economy, hit its ambitious emissions targets, foster Australian innovation and support Australian... 

A new era beckons for mining finance

3rd February 2023 By Chetan Jeeva, Head SA Corporate Lending, Absa CIB While its contribution to GDP may have declined over time, the South African mining and resources sector is a systemically important part of the domestic economy. As such, continued innovation from operators, explorers, and financiers will be... 

Thungela diversifying with Australian coal mine acquisition

By: Tasneem Bulbulia     3rd February 2023 JSE-listed Thungela Resources has entered into agreements to acquire a controlling interest in the Ensham coal mine, an operating thermal coal asset, in Queensland, Australia. Thungela has, subject to regulatory approvals, entered into an agreement with Audley Energy and Mayfair Corporations... 

Serious challenges face the South African junior coal mining sector

By: Rebecca Campbell     3rd February 2023 The major problems facing the junior and emerging coal mining sector in South Africa were finance, a dysfunctional regulator and logistical difficulties. These were highlighted in a panel discussion at the Southern African Coal Conference, in Cape Town, on Friday. Minerals Council Junior and... 

Zimbabwe allows miners, exporters to keep more forex from exports

By: Reuters     3rd February 2023 Zimbabwe's central bank on Thursday said it will allow exporters, including miners, to keep 75% of their export earnings in foreign currency after the current cap of 60% drew complaints from the industry. The new measure, however, falls short of miners' demands to keep 80% of their export... 

Calls arise to put aluminium on critical minerals list

By: Esmarie Iannucci     3rd February 2023 The incoming president of the Australian Aluminium Council has called on the federal government to put bauxite, alumina and aluminium on the nation’s critical minerals list. “Aluminium is, and will continue to be, one of the most widely used commodities in the global clean energy transition. To... 

Farmers seek new deal as loadshedding threatens industry and food security 

By: Marleny Arnoldi     3rd February 2023 The impact of loadshedding on the agriculture sector is evident at all levels of operation, including logistics and cold chain management, which necessitates urgent responses from farmers and government, lest food security and export sales are put at risk. A report by Nova Economics estimates... 

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